Tag: Aussie

Crypto technology

Aussie treasurer guarantees crypto regulation subsequent yr amid FTX debacle 0 (0)

The Australian authorities has doubled down on its dedication in the direction of a sturdy regulatory framework for crypto following the catastrophic collapse of FTX final week. A spokesperson for Australian Treasurer Jim Chalmers mentioned the Treasury mentioned it’s now planning on laws to enhance investor safety subsequent yr, in accordance to a Nov. 16…

Crypto technology

Aussie inventory trade abandons blockchain plans, leaving $170M gap 0 (0)

The long-anticipated plans by the Australian Securities Exchange (ASX) to make use of blockchain to carry its clearing and settlements system into the twenty first century have simply been canceled. In a Nov. 17 assertion, ASX introduced it had paused all present actions of its “CHESS alternative undertaking” following an impartial assessment from know-how consulting…

Crypto technology

Rivals steadfast at the same time as two Aussie crypto ETF suppliers bail 0 (0)

Two digital asset exchange-traded fund (ETF) issuers in Australia are set to depart the market amid heightened regulator scrutiny and a deepened crypto winter, although some stay bullish concerning the market’s prospects. In the final week, Australian crypto ETF suppliers together with Holon Investments and Cosmos Asset Management have indicated they could be stepping again…

Crypto technology

Aussie federal funds reaffirms BTC received’t be handled as overseas forex 0 (0)

The first federal funds underneath the Anthony Albanese led-government has outlined that Bitcoin (BTC) will proceed to be handled as a digital asset, and never taxed like a overseas forex. This clarification is available in response to El Salvador’s adoption of BTC as authorized tender in September final yr, with the Australian authorities basically ruling…

Crypto technology

Three Aussie crypto funds halted as regulator cites non-compliance 0 (0)

Australia’s chief monetary market regulator has positioned interim cease orders on three cryptocurrency-related funds set to be provided to retail buyers, as a result of non-compliant goal market determinations (TMDs). In a media launch dated Oct. 17 native time, the Australian Securities and Investments Commission (ASIC) stated it has positioned interim cease orders on three…

Crypto technology

GameFi may very well be the reply to unemployment for some — Aussie recreation studio 0 (0)

Australian-based Web3 recreation studio Ninja Syndicate’s CEO and founder believes GameFi may usher in a brand new period the place customers can earn a residing wage by blockchain video games. Speaking to Cointelegraph, founder John Nguyen and CEO Alex Dunmow say that conventional jobs are more and more in danger by elements corresponding to automation.…

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